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GIFT-IFSC an attractive entry point for India says its chairman Srinivas

GIFT-IFSC an attractive entry point for India says its chairman Srinivas

by AIP Online Bureau | Nov 12, 2022 | Eco/Invest/Demography, International News

Injeti Srinivas,chairman,IFSCA “I think in the next five years, IFSCA will clearly establish itself as a very attractive entry point for India. It will start emerging as an international financial centre for even non-India businesses… In five (years) it will be...
Need high regulatory standard globally to deal with crypto risks: Yellen

Need high regulatory standard globally to deal with crypto risks: Yellen

by AIP Online Bureau | Nov 11, 2022 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

Janet Yellen,US Treasury Secretary “We need a high regulatory standard globally, we need to take steps to reduce the cost of cross-border payments and we are very actively working in the context of financial stability with Financial Action Task Force and...
LIC net profit jumps 11fold to Rs15,952 crore in Q2

LIC net profit jumps 11fold to Rs15,952 crore in Q2

by AIP Online Bureau | Nov 11, 2022 | Indian News, Life

LIC’s net premium income rose more than 26 per cent to Rs 1.32 trillion , the company said in an exchange filing Mumbai: A 27 per cent jump in premium income and massive gains from changes in its accounting policy along with investment income helped national...

ASCI flags concerns around ‘dark patterns’ in digital advertising, proposes to expand code

by AIP Online Bureau | Nov 11, 2022 | Eco/Invest/Demography, Indian News, Risk Management, Technology

A consumer is tricked into buying a more expensive product, paying more than what was initially disclosed, sharing data or making choices based on false or paid-for reviews by deploying ‘dark patterns’. Mumbai: ASCI, a self-regulatory body of the...

FTX scrambles for funds as regulators take action

by AIP Online Bureau | Nov 11, 2022 | Eco/Invest/Demography, International News, Regulation, Technology

FTX’s predicament marks a stunning downfall for the 30-year-old crypto executive who was once worth nearly $17 billion. The U.S. securities regulator is investigating FTX.com’s handling of customer funds and crypto-lending activities, according to a source...
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